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PAGCOR reports alleged casino money laundering linked to flood-control probe

Regulation

PAGCOR believes five people connected to contractors in a Philippine flood-control corruption probe helped launder money through casinos in Manila, Cebu and Clark. Senate President Pro Tempore Panfilo Lacson said officials allegedly lost PHP950 million gambling; the Anti-Money Laundering Council said it would review the allegations and inspect casino procedures.

The inquiry could lead to scrutiny of casinos’ handling of large cash transactions and compliance with reporting rules.

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Enforcement & compliance

US Treasury sanctions casino-linked Hysa network over alleged money laundering in Mexico

The US Treasury announced sanctions on 13 November 2025 against members of the Hysa family and more than 20 businesses, including casinos, over alleged money laundering for the Sinaloa cartel in Mexico. It also proposed barring financial institutions from dealing with 10 Mexican casinos; the measures block targeted US assets and prohibit US persons from doing business with the sanctioned parties.

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